07.12.2022

Most companies in Romania (75%) have adjusted or will be adjusting wages to unexpected inflation or by a rate lower than the inflation rate but higher than the initially planned wage raise, according more

07.12.2022

Romania's annual inflation rate accelerated to 15.1% in June 2022 compared to June 2021, data from the country's statistics board INS showed Tuesday (July 12). more

07.11.2022

Three quarters of companies in Romania, responding to the HR Barometer conducted in June by PwC Romania, have adjusted or will adjust salaries with inflation or a percentage between inflation and the more

07.06.2022

Romania’s central bank expects the annual inflation rate will stick to an upward path until mid-Q3, yet at a visibly slower pace, thus climbing moderately above the levels projected in May 2022 over more

07.06.2022

The inflation and the rising interest rates will certainly impact the residential real estate market as the market is strongly linked to lending policies, according to Bogdan Sergentu, Head of more

06.21.2022

76% of Romanians are concerned about a possible economic crisis that might impact their financial situation, as per the latest edition of the UNSAR - IRES Barometer regarding the perception of risk more

06.10.2022

The International Monetary Fund (IMF) warned the Romanian government that it must take fiscal measures and reform and boost taxes in order to rebuild the fiscal space below 3% of gross domestic more

06.10.2022

Romania's annual inflation rate surged to 14.5% in May 2022 compared to May 2021, data from the country's statistics board INS showed Friday (June 10). more

05.20.2022

The Board of Romania’s central bank is not that optimistic about the trend of the inflation, which will continue to remain extremely high until June 2023. The latest data show inflation will reach more

05.18.2022

The residential sales market is expected to go through a period of stagnation and correction, as harsher lending conditions, inflation and rising construction costs will change consumption consumer more

05.12.2022

Romania’s central bank has revised upwards its annual inflation rate forecast to 12.5% for the end of 2022 and to 6.7% for the end of 2023, the bank’s governor Mugur Isarescu told a news more

05.11.2022

Romania's annual inflation rate jumped to 13.8% in April 2022 compared to April 2021, data from the country's statistics board INS showed Wednesday (May 11). more

04.14.2022

Half of the local financial-banking analysts expect Romania's annual inflation rate to range between 8% and 10% at the end of 2022 and 35% expect an inflation rate above 10%, as per a survey by the more

04.12.2022

Romania's annual inflation rate surged to 10.2% in March 2022 compared to March 2021, data from the country's statistics board INS showed Tuesday (April 12). more

04.11.2022

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03.14.2022

Romania's annual inflation rate climbed to 8.53% in February 2022 compared to February 2021, data from the country's statistics board showed Monday. more

02.14.2022

Romania's annual inflation rate climbed to 8.4% in January 2022 compared to January 2021, continuing the upward trend of December 2021 when the inflation rate advanced to 8.2%, data from the country's more

02.11.2022

Romania’s central bank says the annual CPI inflation rate is projected at 9.6% in December 2022 compared with December 2021, peaking in April, once the support schemes for household consumers of more

02.08.2022

Companies operating in the fast-moving consumer goods (FMCG) industry have set revenue growth as their main objective in 2022 compared to 2021, as a result of the decisions adopted in 2021 which are more

01.14.2022

Romania’s annual inflation rate climbed to 8.2% in December 2021 after having entered a slightly downward trend in November, edging down to 7.8% from 7.94% in the previous month, data from the more

01.07.2022

Euro zone inflation hit another record high, up 5% in December 2021, a sign that the economy is under renewed stress as surging coronavirus infections force governments to tighten restrictions. more

01.06.2022

Retail turnover, the most important private consumption indicator, in the first 10 months of 2021 rose in gross series by 11.1% against the year-earlier period, with this being the second best more

12.31.2021

The big bets for Romania’s economy in 2022 are related to the 4.6% economic growth rate the government is banking on and on which it built the 2022 state budget. Revenues are expected to grow 13% more

12.13.2021

Romania's annual inflation rate moderated slightly to 7.8% in November 2021 after climbing to 7.9% in October 2021, data from the country's statistics board showed Monday. more

11.11.2021

Romania’s central bank has revised upwards its annual inflation forecast expecting a rate of 7.5% in December 2021, higher by 1.9 percentage points than the level anticipated in August, the bank more